Which clause in a life insurance policy ensures that the policy remains in force during the owner's lifetime?

The continuation clause in a life insurance policy is designed to ensure that the policy remains in force during the owner's lifetime, as long as premiums are paid on time. This clause provides assurance to policyholders that their coverage will not lapse for reasons other than non-payment or significant changes in risk.

While other clauses like the incontestability clause serve important functions—such as protecting the insured from having their policy challenged after a certain period—the continuation clause specifically addresses the ongoing validity of the policy during the insured's lifetime. The beneficiary clause, on the other hand, pertains to whom the benefits will be paid upon the insured's death and does not contribute to the policy's ongoing status. The renewal clause typically applies to policies that are re-evaluated for continuance or premium adjustment, commonly seen in health insurance and not life insurance. Therefore, the continuation clause's focus on sustaining the policy through the lifetime of the insured underlines its significance in life insurance contracts.